Tag: yuan
China Stocks Decline on Real Estate Pressures; Hong Kong Shares Rally
Jennifer -
On Wednesday, China stocks experienced a downturn, primarily influenced by real estate shares, while Hong Kong shares surged, driven by tech stocks. The rating...
ICBC intends to undertake a substantial issuance of total loss-absorbing capacity bonds
Jennifer -
Industrial and Commercial Bank of China (ICBC) intends to undertake a substantial issuance of total loss-absorbing capacity (TLAC) bonds, aiming for approximately 40 billion...
Yen Under Pressure as US Treasury Yields Rise
Jennifer -
On Tuesday, the dollar exhibited tentative movements, failing to gain significant momentum from an increase in U.S. Treasury yields. However, this upward pressure on...
Asia FX Remains Subdued Ahead of US Inflation Data; USDJPY Nears 152
Jennifer -
Most Asian currencies showed limited movement on Tuesday, while the dollar stabilized as investors awaited key U.S. inflation data scheduled for later this week....
Is Chinese money made of paper?
Jennifer -
The concept of money has evolved over centuries, from shells and beads to coins and banknotes. In the modern world, most currencies are issued...
Asia FX Remains Stable, Dollar Holds Firm as Expectations for June Rate Cut Fade
Jennifer -
Asian currencies maintained narrow trading ranges on Monday, while the dollar stabilized following a robust nonfarm payrolls report that led traders to significantly reduce...
Steady Dollar Keeps Yen Near Crucial 152 Mark
Jennifer -
The dollar remained firm near a four-month pinnacle on Wednesday, maintaining pressure on the yen close to multi-decade lows, even as the looming prospect...
Asian Currencies Stagnate, Dollar Eases from 4-½ Month Peak Amid Rate Uncertainty
Jennifer -
Most Asian currencies saw little movement on Wednesday, with the dollar retracing slightly from its over four-month high as markets continued to grapple with...
U.S. Dollar Strengthens as Rate Cut Expectations Ease, Yen Supported by Jawboning
Jennifer -
The U.S. dollar remained close to a 4-1/2-month high against major currencies on Tuesday as traders adjusted their expectations for the timing of the...
Dollar Holds Steady Amid Inflation Data, Yen Remains in Focus
Jennifer -
The dollar maintained its stability on Monday following the release of U.S. inflation data indicating a potential rate cut by the Federal Reserve in...
Yen Traders Remain Anxious Amid Speculation on Japanese Intervention
Jennifer -
Currency traders find themselves on edge yet again as speculation surrounding potential yen-buying intervention by Japan continues to dominate market sentiment. With Friday marking...
Asia FX Markets Remain Subdued Amidst Awaited Inflation and Fed Updates; Yuan’s Fragility Draws Attention
Jennifer -
Across Asian markets, currencies showed little movement on Tuesday, lacking enthusiasm from a softer dollar, as traders exercised caution awaiting further cues regarding U.S....